- UID
- 222290
- 帖子
- 1126
- 主题
- 88
- 注册时间
- 2011-7-2
- 最后登录
- 2016-4-16
|
I would worry about synthetic commodity positions for Level IV.
Are you talking about cash and carry or reverse cash and carry transactions? Because in the real world synthetic commodity positions are really created by just buying the futures or doing a commodity swap. Commodities have a storage component so replicating is not like synthetic cash or stock where you just buy or sell a bond. |
|